318 Spruce St 908

Waterloo, N2L 3M7
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318 Spruce St 908, Waterloo
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X3714137
MLSID
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Property Description
Huge Turnkey Investment Opportunity In Waterloo's Most Luxurious Residential Destination! Currently Rented Out For $995/Month Until Aug 2018, This Fully Furnished 527 Sqft Unit With 43 Sqft Balcony Features High-End Stainless Steel Appliances, 9' Ceilings And Smart Open Concept Floorplan. Just A Short Walk To Laurier & University Of Waterloo. This Location Is In High Demand At An Affordable Price, A Must For Your Long-Term Investment Portfolio!
Extras
Appliances: Fridge, Stove, B/I Dishwasher, Washer/Dryer, All Elfs & Window Coverings. Please Inquire About Furniture Inclusions.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 908 is a 1-bedroom 1-bathroom condo listed for sale at $279,900, which is $107,100 (27.7%) lower than the average sold price of $387,000 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $9,500 (2.5%) compared to the previous 30 day period (January 27 - February 25) and down $35,500 (8.4%) from the same time one year ago.
Inventory Change
There were 30 1-bedroom condos listed in Waterloo over the last 30 days (February 26 - March 26), which is up 87.5% compared with the previous 30 day period (January 27 - February 25) and up 87.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($7,000) (1.8%) below asking price over the last 30 days (February 26 - March 26), which represents a $4,900 increase compared to the previous 30 day period (January 27 - February 25) and ($15,700) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Waterloo over the last 30 days (February 26 - March 26) stood at 16.7%, down from 37.5% over the previous 30 days (January 27 - February 25) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Waterloo stood at 23 days when successfully sold over the last 30 days (February 26 - March 26), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Atria Realty Inc., Brokerage
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